Uncertainty over future Algeria investment

Fears: future of Algeria's energy sector uncertain in aftermath of In Amenas

Uncertainty reigned over the future of oil and gas investment in Algeria and elsewhere in North Africa following the bloody siege of a major gas plant in the Sahara desert.

Some analysts and energy executives fear the crisis that claimed the lives of more than 60 workers, including at least 37 foreigners, could scare off companies looking to tap the vast resources in places like Algeria and Libya.

Others maintained that the promise of riches would prove too alluring for companies to ignore.

"The risks are never going to be so much that they outweigh the rewards from working in these environments," Alison Lyall, a security analyst at Harnser Risk Group in Norwich, England, told the Associated Press. "There is a strong…

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